STOCK TITAN
  1. Home
  2. Sec-filings
  3. LCUT
  4. [144] LIFETIME BRANDS, INC SEC Filing

Lifetime Brands (NASDAQ: LCUT) director may sell $129K in stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

LIFETIME BRANDS, INC (LCUT) director Cherrie Lynne Nanninga has filed a Form 144 notice for a proposed sale of common stock. The filing covers a potential sale of 14,052 shares through Charles Schwab Corporation on or about 08/24/2026, with trading expected on NASDAQ. The shares come from restricted stock awards granted on 07/21/2016 (3,369 shares), 06/23/2017 (3,187 shares) and 08/05/2021 (7,496 shares). The notice lists an aggregate market value of $128,856.00 and 22,988,836 shares of LCUT common stock outstanding.

Positive

  • None.

Negative

  • None.
Shares to be sold 14,052 shares Proposed sale of Lifetime Brands, Inc. common stock by Cherrie Lynne Nanninga
Aggregate market value $128,856.00 Value associated with 14,052 LCUT shares covered by the Form 144
Shares outstanding 22,988,836 shares Lifetime Brands, Inc. common stock outstanding as referenced in the filing
Restricted stock award 2016 3,369 shares Restricted Stock Award dated 07/21/2016, equity compensation from issuer
Restricted stock award 2017 3,187 shares Restricted Stock Award dated 06/23/2017, equity compensation from issuer
Restricted stock award 2021 7,496 shares Restricted Stock Award dated 08/05/2021, equity compensation from issuer
Approximate date of sale 08/24/2026 Approximate date for the proposed sale of LCUT shares
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Award financial
"Common | 07/21/2016 | Restricted Stock Award | Issuer"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
Equity compensation financial
"07/21/2016 | Equity compensation Common | 06/23/2017"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.

FAQ

What does the Form 144 filing for LCUT by Cherrie Nanninga disclose?
It discloses that director Cherrie Lynne Nanninga may sell 14,052 shares of Lifetime Brands, Inc. common stock through Charles Schwab Corporation, with trading expected on NASDAQ on or about 08/24/2026.

How many LCUT shares are covered by Cherrie Nanninga’s Form 144?
The Form 144 covers a proposed sale of 14,052 shares of Lifetime Brands, Inc. common stock, corresponding to restricted stock awards granted in 2016, 2017 and 2021.

What is the aggregate market value of the LCUT shares in this Form 144?
The Form 144 lists an aggregate market value of $128,856.00 for the 14,052 shares of Lifetime Brands, Inc. common stock that may be sold.

What were the original grant dates and amounts for the LCUT restricted stock in this filing?
The shares derive from restricted stock awards of 3,369 shares granted on 07/21/2016, 3,187 shares granted on 06/23/2017, and 7,496 shares granted on 08/05/2021, all as equity compensation from Lifetime Brands, Inc.

How many LCUT shares were outstanding as referenced in this Form 144?
The Form 144 references 22,988,836 shares of Lifetime Brands, Inc. common stock outstanding in connection with the proposed sale of 14,052 shares.

Through which broker and market might the LCUT shares be sold under this Form 144?
The proposed sale of 14,052 LCUT shares is listed with Charles Schwab Corporation as broker, and the securities are indicated for trading on NASDAQ.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

Source: View Original Filing on SEC EDGAR